Retrench

(v.)

(formal) (of a business, government, etc.) to spend less money; to reduce costs

节约；紧缩开支

3. to tell sb. that they cannot continue working for you

缩减（人员）

引申：retrenchment

(n.)

e.g. a period of retrenchment

开支紧缩时期

e.g. An economist on Americans' recent increase in credit card spending: It's unsustainable. At some point when the bills come due, I expect that we will see a very sharp retrenchment in consumer spending, and that could put the recovery in jeopardy.

一位经济学家谈及美国人最近的信用卡消费增长：这是不可持续的。有时候，账单还款日来临时，我希望人们能够察觉到消费支出正处于非常剧烈的收缩之中，而这可能会危及经济复苏。

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